Marlborough Property Investors' Association

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marlborough@nzpif.org.nz

News & Updates

Recent updates

Archive: 2008

Landlord group's code sets high standards

landlords have developed their own set of rules, barring them from renting dirty places, telling lies or making racists remarks to tenants
05-09-2008 more >>

OCR cut will provide new focus

Financial markets and commentators expect to see a further cut in the official cash rate of interest next week. The Reserve Bank is due to announce its latest decision on the rate on Thursday 11 September.
05-09-2008 more >>

New houses selling for half Auckland price

An Auckland developer is building new houses for $299,000 aiming to draw first-home owners.
03-09-2008 more >>

September '08 Issue

  • A day in the life of a Property Valuer
  • Budgets, Rate of Return, risks and tools
  • Property Swaps
    01-09-2008 more >>
  • Tenancy information now available in CD format

    The Department of Building and Housing has just launched a new CDROM giving landlords important advice and information.
    31-08-2008 more >>

    All predictions tracking downward

    The mortgage market has gone quiet over the past week with few changes in rates.
    29-08-2008 more >>

    Thomas Chin reports on various issues in August

    The report covers Housing Affordability, Lawyers and Conveyancers Act, Housing Policies of the Kiwi Party, National Party, NZ First and Green Party, the Housing NZ Appeal against the Tenancy Tribunal decision and a table of legislation.
    29-08-2008 more >>

    President's August report

    Positive response to Code from media. Rental market slow around country. MPs appreciative of NZPIF input to RTA Bill. Recent visits to PIAs.
    28-08-2008 more >>

    Slump hits loan staff

    The Bank of New Zealand is proposing to make more than half its mobile mortgage managers redundant in the face of the continuing property slump
    25-08-2008 more >>

    Mortgagee sales spark feeding frenzy

    Home investors and buyers are in a frenzy over an estimated five-fold increase in mortgagee sales in the last year, but bargain hunters are set to be disappointed.
    25-08-2008 more >>

    A question of supply and demand

    The feature article in the August 20 ANZ Property Focus replies to a commentator who believed the ANZ economists were not taking basic economic laws sufficiently into account
    22-08-2008 more >>

    Home loan report: Tweaking continues

    Lenders are continuing to tweak their rates downwards as they react to the cut last month in New Zealand's official rate of interest and look forward to further falls.
    22-08-2008 more >>

    Catch a falling knife? A good time to buy a house people tell housing survey

    More people think house prices will keep falling - yet a growing number also think it's a good time to buy one, according to new housing confidence survey.
    19-08-2008 more >>

    National has sympathy for owners but no promises

    National is making noises about Government help to the owners of leaky buildings, but is unlikely to meet local government demands to pay a big share of the repair bills
    18-08-2008 more >>

    Lower interest rates improving home loan affordability

    It's now easier for average New Zealanders to afford their own house than it has been for 18 months.
    18-08-2008 more >>

    Forced sales double

    A growing number of homeowners and property investors are being forced by their bank or finance companies to sell their properties through a mortgagee sale
    18-08-2008 more >>

    Mortgage scam victims speak out

    A nutritionist, mortgage broker, real estate agent and office receptionist told how they were all victims of the mortgage scam run from a Mt Albert real estate office.
    14-08-2008 more >>

    Fragile market

    New Zealand's first reduction in official interest rates for five years has delivered some cuts to mortgage rates. But some rates have gone up, underlining the fragile state of the mortgage market.
    08-08-2008 more >>

    Accidental landlords flooding the market

    Auckland rents are tumbling as disappointed vendors pull their houses off the market and flood the city with flats.
    07-08-2008 more >>

    Estate agents back in demand with sellers

    Cautious vendors are more likely to enlist a professional real estate agent to sell thier properties in the prsent housing market rather than sell it themselves, a study finds
    05-08-2008 more >>

    The Political & Regulatory Report

    TAXATION (International Taxation, Life Insurance, & Remedial Matters) Bill The Tax Bill was introduced to Parliament on 23 July.
    05-08-2008 more >>

    Property drought worsens during the wet months

    There aren't enought homes on the market to satisfy cashed up buyers, says one of the big Auckland real estate firms.
    05-08-2008 more >>

    NZ business gets even gloomier, says bank survey

    Business confidence has worsened in the National Bank Business Outlook July Survey.
    01-08-2008 more >>

    Thomas Chin's July Report

    The first readings of the Residential Tenancies Act Amendment Bill and the Unit Titles Bill have again been stalled but there has been some progress on other bills.
    01-08-2008 more >>

    Rate cut provides lid

    New Zealand's first reduction in official interest rates for five years has delivered some cuts to mortgage rates. But some rates have gone up, underlining the fragile state of the mortgage market.
    01-08-2008 more >>


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